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Overnight policy rate

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Question :

As of November 2022, Bank Negara Malaysia has announced a revised Overnight Policy Rate (OPR) rate, which now stands at 2.75% - a 0.25% hike compared to its previous rate of 2.50% from September. The OPR was raised to provide better support for the economy; however, it has been a huge burden to most Malaysian.

1. How does the Overnight Policy Rate (OPR) impact the mental health of most Malaysians? Discuss with examples.

2. Discuss the three mental health impacts with relevant three examples.

3. Mental health issues could cause many negative things to happen. Reflect on how we can combat mental health through any relevant concepts.

Reference no: EM133425671

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